Form 4: TSMC VP Bor-Zen Tien Acquires Shares

Bor-Zen Tien, VP at Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), acquired shares through the company's Employee Stock Purchase Plan.

Summary

• Bor-Zen Tien, a Vice President at Taiwan Semiconductor Manufacturing Co. Ltd. (TSM), acquired shares of the company on May 8, 2026.
• The acquisition involved Common Shares purchased through the issuer's Employee Stock Purchase Plan (ESPP).
• A total of 9,051 Common Shares were acquired, with 44 shares purchased directly at a price of $71.82 per share, and 7 shares purchased for an immediate family member at the same price.
• Following these transactions, Mr. Tien beneficially owns 145 American Depositary Shares (ADS), with each ADS representing five Common Shares.
• Additional Common Shares are held indirectly through the ESPP Trust and by an immediate family member.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing neutrally as it reports a routine insider transaction through an ESPP, which is neither strongly positive nor negative on its own.

Positives

• Insider purchase of company stock, which can be interpreted as a positive signal of confidence in the company's future prospects.
• Acquisition made through an Employee Stock Purchase Plan, indicating continued employee participation and investment in the company.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it solely reports on a change in beneficial ownership.

Industry Context

StockSavvy.ai notes that insider purchases, particularly through employee stock plans, are common in the semiconductor industry as a way for management and employees to align their interests with shareholders. This filing indicates continued employee engagement at TSMC.

Stakeholder Impact

• Shareholders: May view insider purchases positively as a sign of confidence in the company's future.
• Employees: The ESPP participation highlights ongoing employee investment in the company.
• Management: Bor-Zen Tien's acquisition reinforces his personal stake in TSMC's performance.

Key Dates

Keywords

TSMC, Taiwan Semiconductor Manufacturing Co., Form 4, Insider Trading, Employee Stock Purchase Plan, ESPP, Share Acquisition, Bor-Zen Tien, TSM, 2330.TW